Answered rect Answer how Transcribed Text rect Answer rrect Answer rrect Answer rrect Answer rect Answer Answered Module 6 rect

Question

Answered rect Answer how Transcribed Text rect Answer rrect Answer rrect Answer rrect Answer rect Answer Answered Module 6 rect Answer The urban income is y 15 000 The land rent is 3 000 r 3 000 commuting cost is 100 per mile t 100 The city offers 30 000 jobs J 30 000 After solving the quadratic equation you learn that in equilibrium the population is 109 808 a In equilibrium what is the chance of getting an urban job b What is the implied unemployment rate in the city Answer 1 You left this blank 0 27 27 0 28 28 27 27 3 Answer 2 model applied to the You left this blank 73 5 model that we stud G

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